Our Interest Free finance scheme is what it says, Interest Free - no catch, no ties. You simply pay an initial deposit (minimum 10%) by credit or debit card and then 6, 12, 24 or 36 equal monthly instalments (depending on the value of your goods) which will total no more than the cash price of your purchase.
See the examples below for more details.
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Pace RC 40 Forks
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£439.00
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Deposit (minimum 10%)
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£43.90
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Payable in 6 monthly installments of
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£65.85
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Charge for Credit
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£0
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Total amount payable
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£439.00
APR 0%
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Orange Gringo 9 suspension '05 bike
Fox Stormvent Jacket
Fox Freeride Jersey
Fox Digit 03 Gloves
661 Dirt Helmet
Nixon Dork Watch
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£599.95
£39.99
£34.99
£13.99
£22.99
£50.00
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Total
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£761.91
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Deposit (minimum 10%)
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£76.19
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Payable in 12 monthly installments of
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£57.14
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Charge for Credit
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-£0.04
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Total amount payable
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£761.87
APR 0%
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Santa Cruz Chameleon with Reba forks and X Kit
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£1674.00
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Deposit (minimum 10%)
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£167.40
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Payable in 24 monthly installments of
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£62.77
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Charge for Credit
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-£0.12
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Total amount payable
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£1673.88
APR 0%
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Example 4a: Orange 223 Downhill bike
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£3599.95
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Deposit (minimum 10%)
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£360.00
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Payable in 36 monthly installments of
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£89.99
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Charge for Credit
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-£0.31
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Total amount payable
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£3599.64
APR 0%
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Example 4b: Santa Cruz Blur Anodised with RP3 shock and Fox RLT forks X kit
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£3019.00
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Deposit (minimum 10%)
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£301.90
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Payable in 36 monthly installments of
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£75.47
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Charge for Credit
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-£0.18
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Total amount payable
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£3018.82
APR 0%
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Please use our 'test' Finance Calculator to enter the proposed value of products you would like to see what payments you would need to make per month.
How do I apply for finance?
After you have added items to your basket you will be offered the option to "Pay with Stif Finance", click this button and you will be take to though our payment by finance process.
Full details of application process will be given at this stage.
What happens next if my application is approved?
If your application is approved you will be able to download & print the Credit Agreement which you will be required to sign and return to V12finance.com, our credit provider. Upon notification of receipt of the signed agreement we will process your order.
What happens if my application is declined?
If our credit providers decline your application you will have the option of choosing an alternative method of payment (i.e. credit/debit card or cheque) and your deposit will be refunded to your credit or debit card.
What if my application is accepted but I change my mind?
Stif holds, at its discretion, the right to either: retain finance deposit or; place an appropriate and proportionate charge on an accepted finance that is subsequently cancelled in order to cover administration costs, unless cancellation is due to
a) Stif's inability to provide ordered goods due to availability issues, and where an appropriate alternative cannot be found
b) alternative payment has been arranged by customer
If you wish to apply for credit please be aware of the following:
1. Our finance company will use a credit reference agency to check your credit rating in order to assess your application. The credit reference agency will keep a record of any search made.
2. In order to apply for credit you must:
- be at least 18 and under 75 years of age
- be either employed more than 16 hours per week, self-employed, retired and over the age of 50 or living with a working partner, or in receipt of an invalidity or disability allowance
- have been a UK resident for 12 months or more
- be able to make repayments by direct debit
- provide your previous address if you have lived at your current address for less than 3 years
3. Credit subject to status
4. Written quotations on request
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